Know the Benefits of Investing in Reliance Mutual Funds

In the mutual fund industry one of the leading and fastest growing asset management companies, Reliance Mutual Fund, has shown the immense level of satisfaction at the investor’s end. It has recorded a history in the growth of mutual funds’ value. The total asset base of Reliance Mutual Fund in the quarter ended in March recorded at Rs.2,10,890.64 crore. In 2017, the open-ended equity growth scheme of this fund house, i.e., Reliance Growth Fund, has achieved a Net Asset Value (NAV) of around Rs. 1000 as on 17th May 2017. The fund was launched 21 years ago in October 1995. The NAV of the fund has attained a growth of 100 times of the total invested capital. It means, if you had invested Rs.1 lakh in this fund at the time of its launch, you would have an amount of Rs. 1 crore by now. So now you can understand the efficiency of the schemes offered by Reliance MF. You too can be one of the great earners by starting your investment in it today. Investing in mutual funds fills various benefits in investor’s bag. A sudden bull in the market can enrich you with unpredictable returns, and a stable growth of the fund as shown in the case mentioned above can provide you with long-term higher growth. Advantages of Reliance Mutual Funds:

1. Free Life Insurance Cover: Reliance SIP Insure facility is a unique feature of life insurance cover under ‘Group Term Insurance’ to individual investors who invest through SIP in specific schemes. Under this benefit, if the investor dies unfortunately during the tenure of SIP, the remaining instalments is payable by the insurance cover provider. Reliance SIP Insure provides this facility to the investors at no extra cost.
2. Simplified Investment Solutions: Reliance Mutual Funds have constantly been providing simplified investment solution to their investors. They have a variety of schemes under different categories to choose from which can help one in achieving the investment goals.
3. Trusted Brand: Reliance MF has shown a massive growth from its inception and has recorded as one of the fastest growing fund houses in the industry. Being a subsidiary of the Reliance Capital Limited, this fund house has stood as one of the most trusted mutual fund brands in India.
4. Get the Right Fund: With the investment in Reliance Mutual Funds, you get the benefit of fund managers’ expertise in making the best investments in the right funds. One can choose the right fund in accordance with the risk appetite and investment horizon out of the various schemes available.
5. Easy Exit: You can redeem your investment with a smooth and fast process. The open-ended funds make it trouble-free for you to sell your investments at any time you want. You need not find a buyer to sell your funds, you simply need to submit the redemption request to mutual fund and get your money back within 1-3 working days.
6. Tax Benefits: You also enjoy the benefits of tax-free earnings by investing in Reliance Mutual Funds. The dividend received from your mutual fund investments is free of taxes. Furthermore, the profit earned from any equity mutual fund investment which has a holding period of more than a year is also free from tax.

Therefore, being an investor, you can avail several advantages from Reliance Mutual Fund. You get a variety of best schemes among which you can diversify your investment portfolio in a perfect snap to earn exceptional profits and high growth. This article serves you the knowledge about the success and leadership of Reliance Mutual Funds in the mutual fund industry and some of the investment benefits which they offer.